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Edtech in 2023: A year of course correction amidst Byju’s turmoil, record low funding, and investor… – Moneycontrol

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Edtech in 2023: A year of course correction amidst Byju’s turmoil, record low funding, and investor… – Moneycontrol

 

The initial allure of Byju’s, which once attracted funding for the entire sector, has given way to a contrasting narrative, casting a shadow on the overall confidence in edtech. Startups are now pulling out all the stops to woo investors.Indian EdTech -2023During its heyday, in the peak of the pandemic till early 2022, online education platform Byju’s lured investors into edtech.Venture capitalists who missed out on funding the giant wanted to invest in similar companies and those who held shares of such highly valued edtech firms wanted to double down to enjoy continued returns. Byju’s became the poster boy for Indian… 

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